herald

Monday 23 October 2017

Euro recovery is 'losing pace'

European Central Bank head Mario Draghi defended the bank's new stimulus programmes as he warned that the weak economic recovery in the eurozone "is losing momentum".

Draghi told members of the European parliament that there was "no indication" yet of a halt to the sharp decline in economic figures seen in August.

The 18 countries that use the euro saw no economic growth at all in the second quarter - an alarming signal after only four quarters of weak growth.

Apple's sales break records

Apple said it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.

A year ago, Apple Inc said it had sold 9 million of the then-new iPhone 5C and 5S models.

The iPhone is available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK. It will go on sale in 20 more countries on September 26 and more by the year's end.

CEO Tim Cook said that demand for the phones has exceeded the company's expectations.

Probe lands safely on Mars

Nasa's Maven spacecraft has arrived at Mars after a 442 million-mile journey that began nearly a year ago.

The robotic explorer fired its brakes and successfully slipped into orbit around the red planet, officials confirmed.

"This is such an incredible night," said John Grunsfeld, Nasa's chief for science missions.

Now the real work begins for the mission, the first dedicated to studying Mars' upper atmosphere.

Doughnut costs man $14,000

A Pennsylvania man caused more than $14,000 (€11,000) of damage to several other vehicles when he took a dare to do a "doughnut" with his pick-up truck in a bar car park.

Brett Whitmire's truck kicked up damaging stones as it spun in a tight circle in the car park of the Beer Garden in Washington Township.

His lawyer called the incident a "mistake".

Promoted articles

Entertainment News